Business

Seaport District adding innovation center

$5.5m facility will complement site in Kendall Square

Mayor Thomas M. Menino of Boston on Tuesday will unveil plans for a $5.5 million innovation center in the Seaport District, part of a broader effort to transform the area into a hotbed of entrepreneurship.

The facility will provide space for promising companies and executives to meet and exchange ideas, and to host business and social events. It will be operated by the Cambridge Innovation Center, an organization that supports start-up companies in Kendall Square.

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